608 Palisade Avenue Jersey City, NJ 07307

Property Photo: 608 Palisade Avenue NJ 07307

Listing Courtesy of:

NJMLS IDX / Howard Hanna | Rand Realty / Michael Joo - Contact: (201) 284-9009

608 Palisade Avenue Jersey City, NJ 07307

Pending (41 Days)

$849,777

BED

BATH

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Description

OFFER ACCEPTED - NO more showings. Looking for a phenomenal, meticulously maintained, 3 unit investment/owner-occupied property in desirable, vibrant JC Heights, w/ an almost never-seen 7.1% CAP RATE? A quiet, perfect location that can't be beat - a commuter's dream literally steps to 9th/Congress St Light Rail, just 2 stops to Hoboken/NYC PATH & 2 blocks to Washington Park. The expanded 1st Fl 1BR w/ formal DR unit can be a 2BR/1BA w/ generous BRs & modern renovated bath.The 2nd Fl unit (renovated 1 year ago) w/ a beautiful kitchen & modern bath, new floors, dining area & lg BR w/ windowed bonus den/office/nursery. 3rd Fl unit almost identical w/ larger den and closet. The full, high ceiling BSM has storage rooms & shared washer/dryer. This is one of those rare 'no-brainer' investments w/ a potential gross income of $77,400 & 7.1% Cap Rate, w/ a 24' x 100' lot size, larger than most 3-4F in this price range. Although no known issues, sold strictly "as is."

MLS #:
24030285

Taxes
$11,558

Type
Multifamily

Style
3 Family

Views
West, Ny View, East

County
Hudson County

Listed By

Michael Joo, Howard Hanna | Rand Realty, Contact: (201) 284-9009

Source
NJMLS IDX
Last checked Nov 21 2024 at 7:23 AM EST

Bathroom Details

Full Bathrooms: 3

Lot Information

Regular

Property Features

Fireplace: None

Heating and Cooling

Basement Information

Grd Lv Acces
Full
Bin/Storage

Garage

None

Additional Information: Old Tappan | (201) 284-9009

Location

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*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer:

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than Howard Hanna Rand Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last Data Updated: 11/20/24 23:23.
Source: New Jersey Multiple Listing Service. Inc.
© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

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Howard Hanna | Rand Realty

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Howard Hanna | Rand Realty, founded in 1984, is licensed in New York, New Jersey, Connecticut, Pennsylvania. It is the No. 1 real estate brokerage in NY's Greater Hudson Valley with 26 offices serving Westchester, Rockland, Orange, Putnam, Dutchess, Ulster and Sullivan counties in New York and Bergen, Morris, Hudson and Passaic counties in New Jersey. Based on market share, Rand is the No. 3 real estate company in Westchester, No. 1 in Rockland and No. 1 in Orange. The company has more than 1,000 sales associates.

©2021 Howard Hanna | Rand Realty. Equal Housing Opportunity. All property information is deemed reliable but not guaranteed. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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